Investing.com-- The Dow closed above 40,000 for the first time ever on Friday, notching a five-week win streak as rate-cut hopes and mostly upbeat quarterly earnings from corporates stoked bullish bets on stocks.) rose more than 1% even as the video game maker lowered its bookings guidance for 2025 after delaying the release of Grand Theft Auto game to the fall of 2025. The video game did, however, deliver quarterly that beat Wall Street estimates.
Fed Gov. Bowman said on Friday that she would be willing to back a hike if disinflation stalls, or reverses, added that she was monitoring data to evaluate whether policy was sufficiently restrictive. Bowman's remarks followed a slew of Fed speak this week that called for higher for longer rates to assess incoming data.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock Market Today: Dow snaps two-day win streak after brief foray above 40K levelStock Market Today: Dow snaps two-day win streak after brief foray above 40K level
Source: Investingcom - 🏆 450. / 53 Read more »
Stock market today: Dow tops 40,000 for the first time as Wall Street drifts higherThe Dow Jones Industrial Average topped the 40,000 level for the first time Thursday, as U.S. stocks drifted higher to add to their records set a day before.
Source: amNewYork - 🏆 336. / 59 Read more »
Stock market today: Wall Street drifts higher, and Dow touches 40,000 for the first timeThe Dow Jones Industrial Average was 109 points higher, or 0.3%, at 40,017, as of 10:45 a.m.
Source: clevelanddotcom - 🏆 301. / 63 Read more »
Stock Market Today: Dow Falls on Slowing Growth and Sticky InflationSoft economic data and a sell-off in Facebook parent Meta sent the market sharply lower Thursday.
Source: Newsweek - 🏆 468. / 52 Read more »
Stock Market Today: Dow rides broadening out of rally to notch 4th weekly winStock Market Today: Dow rides broadening out of rally to notch 4th weekly win
Source: Investingcom - 🏆 450. / 53 Read more »
Stock market today: Japan’s Nikkei leads Asian market retreat as Middle East tensions flareAsian stocks have tumbled, with Japan’s Nikkei slumping 2.4% on heavy selling of semiconductor-related shares and other market heavyweights. Tensions in the Middle East were weighing on sentiment across the region.
Source: AP - 🏆 728. / 51 Read more »